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Decarbonization project

MUFG Corporate PPA Solar Power Procurement

This project is announced in Japan. The source does not give a quantified reduction for this project.

Status
Announced
Estimated reduction
Not quantified in the source
Countries
Japan
Sector
Renewable power
Announced
Not stated
Expected start
Not stated

About this project

The description is as the source gives it.

MUFG signed a 20-year corporate PPA to procure electricity from a new solar power plant, contributing directly to increasing domestic renewable energy sources for its own operations. This supports the shift to 100% renewable energy for electricity procured domestically by the Bank and consolidated subsidiaries. The initiative is part of efforts to achieve net-zero GHG emissions from own operations by 2030. Evidence: "Signed a 20-year purchase agreement from a new solar power plant (corporate PPA)" — https://www.mufg.jp/dam/csr/report/progress/202204_en.pdf

Statuses, countries and reductions are as the public source states them, and may be out of date.

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